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Walgreens cuts workforce after private equity buyout, Bloomberg News reports

Feb 19 (Reuters) - Pharmacy chain Walgreens is laying off over 600 employees across the U.S. following its acquisition by private equity firm Sycamore Partners, Bloomberg News reported on Thursday, citing company letters. Walgreens is cutting 469 jobs in Illinois and plans to cut another ...
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Trump climate health rollback likely to hit poor, minority areas hardest, experts say

In a stretch of Louisiana with about 170 fossil fuel and petrochemical plants, premature death is a fact of life for people living nearby. The air is so polluted and the cancer rates so high it is known as Cancer Alley. "Most adults in ...
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Australia’s Ramsay Health to spin off Ramsay Sante stake after year‑long review, shares rise

By Sameer Manekar and Rajasik Mukherjee Feb 20 (Reuters) - Australia's Ramsay Health Care said on Friday it plans to distribute its 52.79% stake in Ramsay Sante to its shareholders, effectively separating from its long-underperforming French-listed business. Shares of Ramsay rose as much as 4.5% to ...
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Texas sues Sanofi for allegedly ‘bribing’ providers to boost drug prescriptions

Feb 19 (Reuters) - Texas Attorney General Ken Paxton on Thursday sued Sanofi for allegedly "bribing" providers to prescribe its medications over alternatives. The attorney general's office issued a statement saying that the company created programs to offer services to healthcare providers, which it alleges ...
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Novartis to exit India unit in $159 million deal; Mumbai-listed shares surge 20%

Feb 20 (Reuters) - Swiss drugmaker Novartis will sell its entire 70.68% stake in its listed Indian unit to a private equity-led consortium for about $159 million, as part of a broader global restructuring. The consortium, comprising WaveRise Investments, ChrysCapital Fund X and Two ...
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Texas court to hear appeal in case of midwife accused of violating state abortion ban

(NEW YORK) -- A Texas appeals court will hear arguments on Thursday in a civil lawsuit brought against a woman accused by the state of illegally providing abortions in the Houston area.Maria Margarita Rojas allegedly provided abortions in violation of the state's abortion ban ...
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Zimbabwe rolls out new HIV prevention drug lenacapavir

By Chris Takudzwa Muronzi HARARE, Feb 19 (Reuters) - Zimbabwe's health authorities on Thursday began administering the long-acting HIV prevention drug lenacapavir, making the country one of the first globally to roll it out as the southern African nation seeks to curb new infections. Health Minister ...
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Hims & Hers Health to acquire Australia’s Eucalyptus for up to $1.15 billion

By Christy Santhosh Feb 19 (Reuters) - Hims & Hers Health said on Thursday it will acquire Australian digital health company Eucalyptus in a deal valued at up to $1.15 billion, as the U.S. telehealth firm pushes into international markets to expand its personalized-care business. Shares ...
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EU says cereulide exposure risk low after baby formula recalls

PARIS, Feb 19 (Reuters) - The risk of infants being exposed to baby formula contaminated with the cereulide toxin is now low following recalls across several countries, European food and disease authorities said on Thursday. Cereulide, a toxin that can cause nausea and vomiting, was ...
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Cassava Sciences says US DOJ has closed investigation into company

Feb 19 (Reuters) - Cassava Sciences said on Thursday the U.S. Department of Justice had ended its probe into the company regarding allegations of research misconduct for its experimental Alzheimer's drug simufilam. The company said the probe ended four months after ...
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Japan government panel endorses Sumitomo Pharma’s iPS-derived treatment for Parkinson’s, newspaper says

TOKYO, Feb 19 (Reuters) - A Japanese health ministry panel on Thursday endorsed Sumitomo Pharma's iPS Cell-derived treatment for Parkinson's disease, the Mainichi Shimbun newspaper said. The panel also gave its endorsement to Cuorips's iPS Cell-derived cardiomyocyte patches for the treatment of severe heart failure, ...
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Bayer: glyphosate shortages not expected outside the US after executive order

By Patricia Weiss FRANKFURT, Feb 19 (Reuters) - The U.S. President's executive order invoking the Defense Production Act to ensure U.S. supply of glyphosate underscores U.S. farmers' needs to have access to the herbicide, Bayer said on Thursday, adding the move would not lead to ...
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